What is GTFS 5.0?
The government continues to support the development of green businesses with the reinstatement of the GTFS 5.0 up to RM1.0 billion for the period until 31 December 2026. The financing scheme will continue its support to six (6) key sectors which include Energy, Manufacturing, Transport, Building, Waste and Water.
GTFS 5.0 will also continue to provide the 60% to 80% government guarantee on the green component cost financed by Participating Financial Institutions (PFIs). For housing developers under the Building sector, the maximum selling price per residential unit has been increased to RM450,000. However, unlike previous GTFS, GTFS 5.0 will no longer provide rebates on interest or profit rates.
The implementation of GTFS 5.0 is important to ensure green technology-based projects continue to receive support, which will directly contribute to the growth and development of the green technology industry and also catalyst to the Climate Change policy.